Sunsure Energy, a provider of round-the-clock renewable energy solutions for businesses and utilities, has signed three long-term solar open-access power purchase agreements (PPAs) with Wonder Cement for a cumulative capacity of 30 MWp. Under the continued partnership, Sunsure has begun supplying power to Wonder Cement’s facilities in Dhule, Maharashtra and Aligarh, Uttar Pradesh, from its 150 MWp plant in Solapur and 49 MWp plant in Augasi, respectively.
The agreements will help Wonder Cement offset a total of 33,000 metric tonnes of CO2 emissions annually, equivalent to planting 1.5 million trees, supporting their commitment to integrate renewable energy into their operations.
By partnering with Sunsure, Wonder Cement will be able to displace 67% of their electricity consumption in Dhule facility and 52% of their electricity consumption in Aligarh facility with clean power, significantly reducing its reliance on grid power.
Sunsure is backed by Partners Group AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia. The company currently has 700 MW of operational assets and 7.1 GW under various stages of development across Maharashtra, Tamil Nadu, Uttar Pradesh, Rajasthan, and Karnataka, with a target of reaching 10 GW by 2030.
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